A report claims that Larry Potterfield net worth has surpassed $225 million. With your business, make money.
Midway USA’s founder and CEO is Larry Potterfield. He is also renowned as a hit-selling internet marketer. Larry offers hunting and outdoor products to customers while working for these businesses.
He is a determined individual, thus he merits success. He was among the most prosperous people in the United States.
- Name: Larry Potterfield
- Date of Bith: January 16, 1949
- Place of Birth: Missouri
- Profession: CEO Midway USA Foundation
- Net Worth: $225 Million
Larry Potterfield Net Worth and Biography
The third of six children, Potterfield was born on January 16, 1949, in a middle-class family in the small Missouri town of Ely, in Marion County. He was raised there.
He had a lifelong passion for shooting and at the age of thirteen, his older brother gave him his first firearm, a Stevens 16 gauge single shot.
Potterfield attended elementary schools in the country and graduated in 1967 from Palmyra and Monroe City High Schools.
Afterwards, he enrolled at Hannibal-LaGrange College. Later, he transferred to the University of Missouri, Columbia, where he earned a bachelor’s degree (BS) in Business Administration with a concentration in Accounting (1971).
Potterfield first became interested in the sport of skeet shooting while still in college.
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Following his college graduation, Potterfield enlisted in the American Air Force in 1971. His initial training took place at Lackland AFB in Texas, and he then served in the Accounting and Finance office at Blytheville AFB in Arkansas as his first duty station.
While stationed in Blytheville, he oversaw the creation of the base’s Rod and Gun Club and contributed to the construction of a modest trap range.
In addition, he completed his education through the graduate program offered on-base, and in 1974 he graduated with an MS in Management from the University of Arkansas, Fayetteville.
Later, he was promoted to Second Lieutenant and given a straight appointment into the Medical Service Corps.
He received his assignment as an Assistant Hospital Administrator at Ellsworth Air Force Base in South Dakota, close to Rapid City, following a few months of training at Sheppard Air Force Base in Texas.
With the rank of First Lieutenant, Potterfield finished his service in the Air Force in 1977.
Social career and philanthropy
The Youth Wildlife Conservation Experience (YWCE), a program created in 2011 by Larry Potterfield, his wife Brenda, and Dick Leeper, the Executive Director of the MidwayUSA Foundation, was created to give high school students across the country the chance to learn about conservation, moral hunting, and wildlife management.
Organizations like the Dallas Safari Club, Wild Sheep Foundation, Wild Turkey Federation, Rocky Mountain Elk Foundation, Kansas City Safari Club, Houston Safari Club, Mule Deer Foundation, Pheasants Forever, and Quality Deer Management are said to receive YWCE programs thanks to donations made by the Potterfields totalling several million dollars.
The MidwayUSA Foundation, established by Larry and Brenda Potterfield in 2007, assists towns and organizations in raising money for youth shooting sports and educational programs.
The MidwayUSA Foundation is known to have had $165 million in assets as of January 2020, had disbursed $28 million in grants, and helped 3200 teams establish endowments.
In October 1992, Potterfield, who is credited with coming up with the idea for the Friends of NRA Fundraising banquets, hosted the inaugural one in Columbia, Missouri.
The idea has since been extended to other regions of the nation, and according to the NRA, banquets have been held at more than 16,000 events, drawing more than 2.8 million attendees and raising more than $230 million through fundraising activities for The NRA Foundation, the group’s charitable arm.
In an effort to collect money for the National Endowment for the Protection of the Second Amendment, Potterfield asked MidwayUSA customers to round up their purchases to the nearest dollar on January 2, 1992.
The NRA uses a portion of the endowment to influence gun laws in the United States. Since the start of the NRA Round-Up campaign, MidwayUSA is said to have generated more than $13.1 million for the NRA/ILA National Endowment for the Protection of the 2nd Amendment.
Larry Potterfield wed Brenda Potterfield in 1970. At Hannibal-LaGrange College, the two had their first encounter.
They established The MidwayUSA Foundation in 2007. The organization has awarded grants totalling more than $28 million.
The majority of Potterfield’s income came from running MidwayUSA, his firm. MidwayUSA earned $225 million in revenue in 2011.
MidwayUSA had around $200 million in revenue in 2022.
As a result, Larry Potterfield is thought to be worth $300 million.